Smart sand, inc. (SND)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Operating activities:
Net (loss) income

27,506

31,623

24,802

26,001

21,746

18,688

33,999

28,922

21,532

21,526

23,089

15,946

10,966

10,379

0

0

0

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation, depletion and accretion of asset retirement obligation

25,636

26,425

24,327

22,301

20,017

17,159

14,857

11,873

9,533

7,926

0

0

0

-

-

-

-

Amortization of intangible assets

1,167

1,398

1,629

1,555

1,432

1,002

0

0

0

-

-

-

-

-

-

-

-

Asset retirement obligation settlement

1,518

2,753

3,309

3,280

3,166

3,180

2,219

1,783

1,249

0

0

0

0

-

-

-

-

Depreciation, depletion and amortization of asset retirement obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Gain on disposal of assets

0

-

-

-

0

-

-

-

-290

-253

-192

-133

65

54

0

0

0

Loss on derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Amortization of deferred financing cost

175

212

249

279

303

300

339

371

409

455

381

301

228

159

0

0

0

Accretion of debt discount

549

649

582

461

335

246

181

116

56

0

31

104

189

263

0

0

0

Deferred income taxes

0

-

0

0

0

-

0

0

0

-

0

0

2,563

-

0

0

0

Stock-based compensation, net

3,144

2,909

3,000

3,183

3,117

2,937

2,767

2,550

2,446

2,012

2,084

1,766

1,413

1,426

0

0

0

Employee stock purchase plan compensation

45

41

46

90

81

72

0

0

0

-

-

-

-

-

-

-

-

Non-cash interest expense on Series A preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

5,565

0

0

0

Change in contingent consideration fair value

-3,325

-3,272

-2,515

-3,400

-2,825

-1,858

0

0

0

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

27,523

41,063

28,917

21,609

3,674

-4,457

9,276

9,138

18,251

18,038

17,564

16,125

11,446

3,319

0

0

0

Unbilled receivables

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled receivables

-

-

-

-

-

-

0

0

-1,151

-

0

0

0

-

-

-

0

Inventories

2,383

1,021

-476

834

6,159

7,343

6,597

463

-3,919

-4,407

-5,440

-2,790

-2,433

1,357

0

0

0

Prepaid expenses and other assets

1,187

-1,875

-2,361

-2,801

-2,954

1,761

5,259

2,954

6,799

3,394

1,331

3,949

611

-133

0

0

0

Deferred revenue

1,745

5,229

4,461

-1,404

4,132

4,095

4,030

4,800

872

-1,615

-5,204

-6,224

-6,830

-5,518

0

0

0

Accounts payable

-131

-4,680

-710

-1,191

2,815

-2,271

2,278

6,286

1,692

9,356

5,690

1,014

1,102

761

0

0

0

Accrued and other expenses

-4,966

1,277

1,286

2,353

2,768

2,140

5,387

1,012

3,642

2,391

1,500

5,773

3,935

-481

0

0

0

Net cash provided by operating activities

50,371

44,633

57,514

49,399

58,844

50,909

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

0

27,728

-

0

0

0

Investing activities:
Purchases of property, plant and equipment

21,211

25,525

33,954

43,118

57,720

96,090

105,234

110,274

96,408

51,162

28,043

9,487

3,495

2,519

0

0

0

Proceeds from disposal of assets

-

-

-

-

-

-

-

-

-

14

0

0

0

-

-

-

-

Net cash used in investing activities

-21,111

-25,425

-33,954

-43,139

-87,619

-125,989

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

0

-3,432

-

0

0

0

Financing activities:
Proceeds from the issuance of notes payable

29,181

31,202

6,120

4,696

2,021

0

0

0

0

-

-

-

-

-

-

-

-

Repayments of notes payable

3,593

2,808

1,732

1,005

966

559

288

288

278

282

-977

-656

-334

0

0

0

0

Payments under equipment financing obligations

113

103

81

78

120

168

243

285

321

353

386

419

413

409

0

0

0

Payment of deferred financing and debt issuance costs

1,452

2,262

1,110

922

1,063

233

0

0

0

-

-

-

-

-

-

-

-

Payment of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Proceeds from revolving credit facility

45,250

52,750

50,250

47,750

81,500

84,000

71,500

59,000

16,000

0

0

0

0

-

-

-

-

Repayment of revolving credit facility

86,750

94,750

72,250

53,750

50,000

39,500

0

0

0

-

-

-

-

65,316

0

0

0

Payment of contingent consideration

1,575

1,995

1,785

1,400

875

175

0

0

0

-

-

-

-

-

-

-

-

Proceeds from equity issuance

77

71

78

96

167

127

127

71

0

26,251

0

0

0

-

-

-

-

Payment of equity transaction costs

-

-

-

-

-

-

-

-

-

2,083

0

0

0

-

-

-

-

Cash dividend on Series A preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Purchase of treasury stock

1,131

140

2,138

2,139

2,142

2,173

174

173

181

127

0

0

0

-

-

-

-

Net cash provided by financing activities

-20,106

-18,035

-22,648

-6,752

28,522

41,319

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

0

48,930

-

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Net increase (decrease) in cash, cash equivalents and restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Supplemental disclosure of cash flow information
Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

0

2,204

-

0

0

0

Cash paid for taxes

-

-

-

-

-

-

-

-

-

-

0

0

958

-

0

0

0

Asset retirement obligation

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Equipment purchased with debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Capitalized expenditures in accounts payable and accrued expenses

0

-

0

0

0

-

0

0

0

-

0

0

-533

-

0

0

0

Increase (Decrease) in Income Taxes Payable

0

-

-

-

0

-

-

-

-

-7,058

-3,568

-2,425

6,200

7,058

0

0

0